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although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is trading for $ 1.2973. >> a german bank is in trouble with the law. prosecutors raided 13 of the bank's locations, including its munich headquarters, in search of evidence of tax evasion. the bank is suspected of cheating the state out of 124 million euros. share transactions between 2006 and 2008 are the focus of the probe. the bank is not alone. investigators are currently looking into similar incidents of alleged tax evasion at other institutions. >> there's a lot of money in going bankrupt. that is if you are the one winding up a big company that goes bust. >> a german law firm, for exple, are doing j
although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is...
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Dec 4, 2012
12/12
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and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time give to a shareholder at the end of the years pay less now opposed to more later and when we get to next year we are in an economy that is in a higher tax environment, companies will grow less well if that environment, association whatever cash they have, and they have available to pay out, will be taxed at a high are rate. >>neil: what do you make of the argument we had much higher dividend tax rates in the reagan administration, a good part of the clinton administration, and we did fine. >>guest: it was great to be a world monopoly. a wonderful
and it is a bigger for the united states economy. the benefit is that each year companies issue benefits for holding the stock and many companies including the most popular will do this and many more, before year's enbecause the dividend tax rate will go from 50 percent and possibly close to triple. so, it makes senator. next year we will have companies that have to pay dividends and pay them to individuals who are taxed at a high are rate. this does not solve a permanent role but a one time...
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Nov 29, 2012
11/12
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latin america's third biggest economy could be headed for another debt crisis. >> they certainly have the power to send the financial markets into a tailspin. we are, of course, talking about the ratings agencies. >> after years of dithering and delays, brussels has agreed to a set of controls designed to limit their influence, but critics call it a miniature reform that misses the mark. >> weather it is greece, spain, portugal, or italy, eurozone crisis countries have had credit ratings consistently downgraded by the major ratings agencies. a lower credit rating usually means countries have to pay higher interest on any loans they take out. they can also cause turbulence in financial markets. the european union has introduced new rules to limit their effect. other agencies will have to publish their ratings outside of stock exchange opening hours. i also have to disclose the criteria by which they make decisions, and the rules should make it easier for agencies to be sued if they have made errors when reading a country's credit worthiness. new rules should come into force early next
latin america's third biggest economy could be headed for another debt crisis. >> they certainly have the power to send the financial markets into a tailspin. we are, of course, talking about the ratings agencies. >> after years of dithering and delays, brussels has agreed to a set of controls designed to limit their influence, but critics call it a miniature reform that misses the mark. >> weather it is greece, spain, portugal, or italy, eurozone crisis countries have had...
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. >> the damage it will do to the economy. i don't think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of the day he wants a legacy. it's going to be the highest unemployment in history fr two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and come to some kind of an agreement. we have been down this road before where republicans of given on the taxes. s in the white house with reagan. they promised dollars in cuts. they didn't give us anything. bush went through the same drill when he broke his tax pledge, busch sr. we have had this history beore. basically, tell us what you're going to do. there will be a stimulus by fixing the northeast from the storm. add another 50 billion out there on top of the package. and then the audacity of saying, i'm going to raise the debt ceiling whenever i want to. give me p
. >> the damage it will do to the economy. i don't think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of the day he wants a legacy. it's going to be the highest unemployment in history fr two terms it is not careful. he will take us back into recession. if he wants serious negotiations that will sit down and come to some kind of an...
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Dec 6, 2012
12/12
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this thursday also brought along very positive data from the german economy. the german manufacturing sector posted a significant increase of factory orders in october. something which gives hope for the industrial production in the months to come, and it also gives hope that the situation on the german labor market at least remains stable. >> let's take a quick look at some market numbers. the dax ended the day over 1% up at 7534. euro stoxx 50 close almost 0.5% up. across the atlantic, the dow jones is currently going up just a tad -- 13,043, the number there. the euro is trading for $1.2955. a legendary brazilian architect has died. he is best known as the father of brasilia, the modernist capital city erected in the amazon jungle. >> his future is to creations of concrete and steel won him international acclaim. he continue to work up until his death. he passed away at his home in rio de janeiro at the age of 104. >> he was a star of architectural modernism, best known for designing the new capital city of his homeland. he constructed the city of brasilia
this thursday also brought along very positive data from the german economy. the german manufacturing sector posted a significant increase of factory orders in october. something which gives hope for the industrial production in the months to come, and it also gives hope that the situation on the german labor market at least remains stable. >> let's take a quick look at some market numbers. the dax ended the day over 1% up at 7534. euro stoxx 50 close almost 0.5% up. across the atlantic,...
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Nov 30, 2012
11/12
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minister has defended the package, saying that a greek bankruptcy would be a major blow to the world economy. >> rescuing greece has been a main priority for the government, the citizens want to know -- what will it cost? >> an overwhelming majority bank of the measures, although the opposition left party voted no. there is still a sense of unease among lawmakers about the cost to taxpayers. the finance minister sought to calm the doubts. >> we are pursuing a policy that restructure's degree budget and economy with as few costs and risks as possible for both germany and your -- europe. it is our goal and must remain our goal that greece at some point must shoulder its debts on its own and that the markets accept greece as a creditor. >> athens still has a long way to go before that happens. german lawmakers acknowledge the sacrifices greeks have already made and understand the ongoing protests. the necessary measures are hitting a lot of people hard. the new bailout package is worth 44 billion euros. germany will bear 730 million of that in the coming year. the opposition accuses the governm
minister has defended the package, saying that a greek bankruptcy would be a major blow to the world economy. >> rescuing greece has been a main priority for the government, the citizens want to know -- what will it cost? >> an overwhelming majority bank of the measures, although the opposition left party voted no. there is still a sense of unease among lawmakers about the cost to taxpayers. the finance minister sought to calm the doubts. >> we are pursuing a policy that...
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economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentleman is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book doing capitalism in the innovation economy markets speculation and the state first thank you so much for being on the show. very good to be here we're going to have you because you have said and i would definitely agree that bubbles have received bad press whether we're talking about the two live bubble in the sixteen hundreds or whether we're talking about the real estate bubble ahead of two thousand and eight but in some instances you say bubbles can be good why can bubbles be good and what kind of a bubble would we need or might we need now well the first thing as you've said is the bubbles o
economy still muddling along since the two thousand and eight crisis with the low level of i.p.o. volume since the dot com bubble burst low business investment low were record budget deficits from the government and high unemployment do we actually need a bubble not a case i would make but a very smart gentleman is here to tell us why they can sometimes be good joining me from our new york studio is dr william janeway he's senior advisor for warburg pincus technology and author of the book...
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Dec 4, 2012
12/12
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they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo nakajima, who has covered countless elections in japan. i asked him what voters are thinking about most. >> voters are thinking first off about whether the democratic party of japan should stay in power. you know, the dpj swept into power in 2009, ending more than half a century of unbroken rule by the leader democrats. its leaders promised a lot as people used to being in opposition often do. they said they would cut government spending. they said they would stop the construction of a multimillion-dollar dam, make expressways toll free. prime minister noda had
they'll share their views on how to right the japanese economy. they'll debate whether japan should join negotiations on the free-trade agreement known as the transpacific partnership. they'll outline their vision for how to supply the country's energy needs after the nuclear disaster in fukushima. and they'll talk about how to defend national security. the official campaign lasts 12 days. voters head to the polls on sunday, december 16th. earlier i spoke with nhk senior commentator masayo...
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meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in the next week to the shins us the small school shopping days it even coalesce around to turn this thing down this isn't mutual have and this is loss is most of the funny outgoing he comes i am after we are going to take on full find the billionaire how would you compare egypt's economy now to walsh from the. father the economy was somewhat the boom that mubarak deserved this was sixty five for instance at central bank now will still down fifteen point five billion dollars and this is a huge cut that would result and it affects the impulse on the top it affects investors no one will come to inves
meanwhile egypt's economy is deteriorating as economists feed it explains to tom barton in congress. with protests continuing a round the clock both for and against a gyptian president mohamed morsi the country's economy is facing increasing troubles with me to discuss this is very time lapse an economist here in cairo that is thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing mosts announcement in...
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how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we are going to feel sick she will. feel just continues to be a little bit easier this will affect all six do so of egypt business with the shop our feet now we are divided into two parts so it is a quiz a political force in one hand and muslim those within hours of hands whom we all in the body if the six was gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. getting a britain's unemp
how would you compare egypt's economy now. i've not bothered that they follow me with some lots they blew that move but it. was thirty five on six at simple bank now we'll still own fifteen point five million dollars and this is a huge car i thought would deserve and be back to the impulse i'm told it affects investors no one will come to invest anything in here in egypt to do usually is the first and second took. on a lot of the unemployment figures out today is two of us also sick too soon we...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers do.
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Dec 2, 2012
12/12
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...
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how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be only egypt this will affect all safe to say egypt and business will be shut off now we are divided. so it isn't quite as a political force in one hand and muslim brotherhood in as of hand. thirty six really gratifying to you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. and they're well of intentions as turkey is scrambling fighter jets to its border of the syrian warplanes bombed rebel positions
how would you compare egypt's economy now. at the bottom of the economy with some lots more but at least thirty five thousand feet that sinful bank now we know still down fifteen point five billion dollars and this is a huge part of what is known and the back seat impulse and. it affects investors no one will come to invest anything in here in egypt to do usually is. secure. a loan to unemployment is going to add also sick too soon we are going to feel sick she was. killed this continues to be...
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the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will build a new competence level high technology competence level and i'm turris and of course mr prime minister has are just spoken about it's three point. russian tourists per year and this year will be even more terrorists which is a sign of trust to word the turkish republic towards the turkish authorities and a sign of stimulating your country. which is called voting by feet in the us meaning of this word russian turkey our neighboring countries we have a lot in common but sometimes we have dramatic pages of our history very important that we respect our lega
the largest transaction in europe and the sector economy here. and we've touched upon him in a tearing issue is the practical work of the. public forum is about to start tearing questions include. and science i talked about the nuclear project i'd like you to know is that over one hundred students from turkey are studying in the corresponding jobs in russia. actually of this project is implemented and it is happening we're going to the plan that is going to happening so far then turkey will...
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Dec 2, 2012
12/12
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that will weaken the economy. that will ultimately weaken the people who pay the bills for entitlements. that is the first problem we have. >> jamie: so everybody gets taxed an you wouldn't expect income to rise. the unemployment situation, where does that go? >> guest: the best results we can expect from the fourth quarter is 1% economic growth. that's pathetic. we may tip in to recession in the first quarter of next year if taxes go up as much as they do. it's the largest tax increase in american history. what i think we can do, and what would make the most sense since both sides seem to be dug in, let's build a bridge over the fiscal cliff, temporary bridge that says, you know, we will extend the tax cuts. you know, we'll reduce the spending cuts, especially in defense. we've going to do it for three months, six months. then we can have some time to look at this responsibly. remember, congress and the president never do anything that close to a good job if they are on a deadline or rush timetable. you know, we
that will weaken the economy. that will ultimately weaken the people who pay the bills for entitlements. that is the first problem we have. >> jamie: so everybody gets taxed an you wouldn't expect income to rise. the unemployment situation, where does that go? >> guest: the best results we can expect from the fourth quarter is 1% economic growth. that's pathetic. we may tip in to recession in the first quarter of next year if taxes go up as much as they do. it's the largest tax...
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at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to be all over egypt this would affect also if jews of egypt business would be shocked at our feet now we are divided between two parts that is a pole is a political force in one hand and muslim who'd been us all hands whom we all in the body of the six was better thank you it seems that the egyptian people don't agree on much these days one of the few things they do agree on is that egypt's economy needs to get back on the right track and as soon as possible. they're now getting at britain's unemployed into jobs it's proving to be a costly failure only three quarter
at the bottom of the economy with some much steve leung that mubarak. was sixty five feet at central bank now we know still down fifteen point five billion dollars and this is a huge i thought well deserved and in fact the impulse and this is the first investor. no one will come to invest anything any here in egypt due to these he is the first of six took. on a loan to unemployment food to do is to add the us only also six to sunni odd and if you could see it you would. build this continues to...
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Nov 28, 2012
11/12
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and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two members whose birthdays are either today or tomorrow, rich, happy birthday to you, rich. that is tale today. and janet napolitano's birthday is tomorrow. guys, thank you. we want to get back to work. thank you, guys. could not be prouder of the job that susan rice has done. >>shepard: very rare for the president to take a question and actually answer it at the end of one of those. you heard him say in the past it would be a precedent to answer a question now because that would make people scream at me all the time with questions. he must have used this question as
and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two...
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find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune in to the report on our. water bag the lone liberal rumble joining me tonight are francesca chambers and neil munro let's get back to it we're going to come and you're going to come on sometime neal and we'll just have a whole conversation about judicial review but right now what the heck is going on with republicans and you all but public holding signs that forty nine percent of republicans registered republicans nearly half believe that acorn stole the election last month for president obama acorn doesn't exist they closed down in two thousand and ten after congress stripped funding after a smear job by james o'keefe so and in addition that the same public poll found that a quarter of registered republicans want to secede from the union where they're going to go. there the libertarian paradise of somalia the people's republic of some piece of mexico i mean what i want you guys embarrassed for your parties and we recognize the full diversity of ame
find out what's really happening to the global economy with mike stronger or a no holds barred look at the global financial headlines tune in to the report on our. water bag the lone liberal rumble joining me tonight are francesca chambers and neil munro let's get back to it we're going to come and you're going to come on sometime neal and we'll just have a whole conversation about judicial review but right now what the heck is going on with republicans and you all but public holding signs that...
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Nov 30, 2012
11/12
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it will hurt our economy. that's why it's not the right approach. >> reporter: but there are other high-end, small-business owners who do not think a tax hike of aound 3% will make much difference. >> this is a french roast-- >> joe ragan, who sells roasted coffee and supplies to thousands of offices around washington says he will add or subtract to his workforce, based on sales, not on taxes. if your taxes were to go up as the president suggests, would that make any difference in the number of people you hire? >> no. now, look-- and i'm not-- i don't want to take a position here that says i'm not affected by this. i certainly am. but i'm affected by the opportunities that are presented to me. not by the fact that i'm going to make 3% less on that opportunity. >> reporter: in the fiscal cliff negotiations, republicans still argue that higher taxes will hurt small business jobs. but, scott, democrats up here argue that this debate is over. that raising taxes on the wealthiest americans of all kinds was decisive
it will hurt our economy. that's why it's not the right approach. >> reporter: but there are other high-end, small-business owners who do not think a tax hike of aound 3% will make much difference. >> this is a french roast-- >> joe ragan, who sells roasted coffee and supplies to thousands of offices around washington says he will add or subtract to his workforce, based on sales, not on taxes. if your taxes were to go up as the president suggests, would that make any...
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and many at the time thought that that was again quite a conservative number maps expecting the economy to do you have any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment. figures. the banking system will need to shrink by something like sixty thousand. people as part of the bailout package these banks will need to to shrink an extra sixty thousand unemployed in spain will be will be paying for. cash from cats been flowing into france for some time the latest being a huge time to pump vital funds into struggling small businesses but the gulf states generosity is now being met with increasingly high levels of suspicion lection jeske explains but no. france is already no stranger to qatari dollars fans of parisian football club precentor man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are. too big to be obtained
and many at the time thought that that was again quite a conservative number maps expecting the economy to do you have any since then of course situation has deteriorated in spain unemployment has risen especially youth unemployment. figures. the banking system will need to shrink by something like sixty thousand. people as part of the bailout package these banks will need to to shrink an extra sixty thousand unemployed in spain will be will be paying for. cash from cats been flowing into...
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Dec 5, 2012
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obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle that we all want to see. what is holding us back right now, ironically, is a lot of stuff that's going on in this town and i know that many of you have come down here to try to see, is there a way that we can break through the log jam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. i know that you've got a lot of briefings but let me just try to describe where the situation is right now with respect to our fiscal situation, both what the opportunities are but what also the challenges
obviously globally the economy is still soft. europe is going to be in the dulldrums for quite some time and i think what all of you recognize and many of you have told me is that everybody is looking to america. because they understand that if we're able to put forward a long-term agenda for growth and prosperity that's broad-based here in the united states, then confidence will not just increase here in the united states, it will increase globally and we can get the kind of virtuous cycle...
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find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune into cars a report on our. unfortunate and counterproductive that's how washington describes the u.n. general assembly historic vote despite more than two thirds of the world saying yes to palestine's bid for statehood israel's prime minister called the move meaningless on the palestinian people but their drive would bring no change their lives. these ladies certainly are downplaying the significance of this vote although we have seen them would use the kind of rhetoric that they've been acting over the past few weeks and months so they're no longer issuing the same kinds of threats that they were before presumably because they understand that this will only further isolate them in the international community the israeli prime minister benjamin netanyahu has repeatedly said that this vote does not change the reality on the ground the israeli position is that it is a unilateral step by the palestinians they accuse the resolution of being one sided
find out what's really happening to the global economy with mike's cancer for a no holds barred look at the global financial headlines tune into cars a report on our. unfortunate and counterproductive that's how washington describes the u.n. general assembly historic vote despite more than two thirds of the world saying yes to palestine's bid for statehood israel's prime minister called the move meaningless on the palestinian people but their drive would bring no change their lives. these...
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. >> members of his own party seem quite comfortable of sending the economy over the fiscal cliff. >> reporter: the president sent timothy geithner to the hill with had $4 trillion plan. it includes 1.6 trillion in new taxes on upper income americans. 400 billion in cuts to medicare and other entitlement programs. and $50 billion in new spending on infrastructure and unemployment benefits. the biggest stumbling block remain. the new taxes on the wealthiest americans. while some republicans here in congress are hinting they might be open to the idea the majority seemed opposed. >> raising rates on the so-called rich is the holy grail of liberalism. their aim isn't job creation, they are interested in wealth distribution. >> reporter: the white house insists the president won't sign any bill that doesn't include higher taxes for top earners. >> this shouldn't be news to anyone on capitol hill. >> reporter: the white house called the proposal an opening bid, republicans called it a joke. now republicans have not yet put any comparable plan on the table. they seem willing to accept half t
. >> members of his own party seem quite comfortable of sending the economy over the fiscal cliff. >> reporter: the president sent timothy geithner to the hill with had $4 trillion plan. it includes 1.6 trillion in new taxes on upper income americans. 400 billion in cuts to medicare and other entitlement programs. and $50 billion in new spending on infrastructure and unemployment benefits. the biggest stumbling block remain. the new taxes on the wealthiest americans. while some...
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as a measure of the economy's health at all we'll discuss and earlier this week we asked the natural commentator peter schiff about his hyper inflation calls. i know that you're saying you can't predict when this is going to happen but why haven't we seen that happen well you know i guess i still say the hyperinflation is the worst case scenario. that interview received traction from a certain new york times economist will discuss in loose change let's get to today's capital account. today we'll forget about the fiscal cliff for a moment and talk about some other deadlines.
as a measure of the economy's health at all we'll discuss and earlier this week we asked the natural commentator peter schiff about his hyper inflation calls. i know that you're saying you can't predict when this is going to happen but why haven't we seen that happen well you know i guess i still say the hyperinflation is the worst case scenario. that interview received traction from a certain new york times economist will discuss in loose change let's get to today's capital account. today...
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Nov 28, 2012
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truth and save $1 visit alka-seltzer on facebook. >> pelley: housing has been the biggest drag on the economy. but we got another sign today that it's doing better. home prices in big cities were up 3% in september compared to a year ago. in phoenix they rose more than 20%. 8.8% in minneapolis. and more than 7.5% in detroit. greenhouse gases that many scientists say cause climate change are now coming from a new source: permafrost. that's the thick layer of organic material surrounding the arctic circle. it's been frozen for hundreds of years but today the u.n. reported it's thawing. carbon dioxide and methane from the permafrost are being released from the permafrost, which may speed up climate change. researchers made a discovery off miami beach, a fighter plane that may date back to world war ii. the grumman f-6-f hellcat is mostly intact, though, upside down 240 feet below the surface. it's not known when or why it went down but 79 hellcats like this one crashed off florida's east coast between 1943 and '52. who is paying top dollar for elephant tusks? our hidden camera investigation is n
truth and save $1 visit alka-seltzer on facebook. >> pelley: housing has been the biggest drag on the economy. but we got another sign today that it's doing better. home prices in big cities were up 3% in september compared to a year ago. in phoenix they rose more than 20%. 8.8% in minneapolis. and more than 7.5% in detroit. greenhouse gases that many scientists say cause climate change are now coming from a new source: permafrost. that's the thick layer of organic material surrounding...
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come to find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune in to kaiser report on r t. v news a secret lab or tour tim curry was able to build the world's most sophisticated robot which all unfortunately doesn't give a darn about anything turns mission to teach me the creation why it should care about humans and. this is why you should care only on the dog. just stick. with. experience before theories with the. least be cool language. programs and documentaries in arabic it's all here on. reporting from the world talks books skiffy ip interviews intriguing stories for you. then try. to find out more visit our big teeth. well into the. science technology innovation all the lives developments from around russia we've got the future covered. which brightened if you knew the song from finest impression. for instance on t.v. dot com. news continues here on in britain a new bill designed to tackle crime by using information stored in cyberspace is already being branded by many of violation of privacy. exp
come to find out what's really happening to the global economy with max conjure for a no holds barred look at the global financial headlines tune in to kaiser report on r t. v news a secret lab or tour tim curry was able to build the world's most sophisticated robot which all unfortunately doesn't give a darn about anything turns mission to teach me the creation why it should care about humans and. this is why you should care only on the dog. just stick. with. experience before theories with...
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find out what's really happening to the global economy for a no holds barred look at the global financial headlines today in two cars a report on our. welcome back you're watching r.t. live from moscow and the world's most famous was a lower jewel in a saunders again out of the headlines as a media speculates on the condition of his health meanwhile asuncion self promises more sensational classified disclosures as he speaks to our teens or smith at a quid or an embassy in london where he's been holed up for almost six months. as any journalist working in london now is i'm pretty familiar with standing outside the ecuadorian embassy waiting for julian assange is to come out and talk from the balcony just to my right here but this evening i've been inside your embassy to talk to judy and i saw he's recently written a book a book called cypherpunks freedom and the future of the internet and that's what he really wants to talk about at the moment and we did talk about that we talked about how he sees this increase in state surveillance is hugely damaging for the entire fabric of society how c
find out what's really happening to the global economy for a no holds barred look at the global financial headlines today in two cars a report on our. welcome back you're watching r.t. live from moscow and the world's most famous was a lower jewel in a saunders again out of the headlines as a media speculates on the condition of his health meanwhile asuncion self promises more sensational classified disclosures as he speaks to our teens or smith at a quid or an embassy in london where he's been...
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Dec 4, 2012
12/12
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they bring in billions of pounds every year, to the british economy. and on the global stage, they just stand for something that's very british. they're very well educated, well spoken, they're charming. they are great public servants, they do great work, which they call public duty for charity and so on. they stamp a quintessential old fashioned british values. >> what does it mean for this baby in the royal hierarchy. does this mean that prince harry will never ever ever be king? and this baby could be king or dween one day? >> the rule has always been in the history of the royal family, that the first born son, the first boy would be the heir to the thrown. if an heir had a son, that would be the future king. but now it's being changed and parliamentarians in britain have been pushing through a law that would make it legal for -- if the first born of wills and kate is a girl for her to automatically become queen. the complication is, that law hasn't gone through yet. and it has to go through before she is born, if she's a girl. i'm guessing william
they bring in billions of pounds every year, to the british economy. and on the global stage, they just stand for something that's very british. they're very well educated, well spoken, they're charming. they are great public servants, they do great work, which they call public duty for charity and so on. they stamp a quintessential old fashioned british values. >> what does it mean for this baby in the royal hierarchy. does this mean that prince harry will never ever ever be king? and...
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we're building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. very inspiring writes in a few minutes a journey through some truly deadly terrain as we take you to a u.s. military bombing range stay with us. if you're passing through rushes to veer region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the land and enterprising locals so the fruits of the forest by the side of nearly every road such spectacular scenery makes it a paradise for fisherman and provides a business opportunity for hunters. you know he has been hunting for more than thirty years and works for a company providing expeditions for tourists this season ducks are on the menu of. two things a successful duck under a blanket and a bubble silence which means that i need to be very quiet i'm not going to write in the. office. but when you've been in the business as long as he has the birds don't stand much chance. th
we're building something that will be good for his family's future the fact that it's good for india's economy well that's just the cherry on top preassure either r t new delhi india. very inspiring writes in a few minutes a journey through some truly deadly terrain as we take you to a u.s. military bombing range stay with us. if you're passing through rushes to veer region you really can walk on the wild side thousands of kilometers of unspoiled countryside make up an area where it's still...
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that i'm not sympathetic with for that reason but then it's a larger point this is a vast and complex economy these are highly productive workers you can see the cranes you can see the containers we can afford small blocks of inefficiency because it makes americans more earn more money they live a better life but this is an argument for having a high tech highly productive country not a country based on low skill labor as we have now with immigration policy on low skilled labor based on the terrible schools and we can manage a broad based terrible education reva bhalla see that moves all of that is that for so many of. the maybe don't fix to the question of international trade we can modify a fix we just says you know this is george bush said you know we don't need no strings a.b.m. treaty the president can say we don't need no stinking trade treaty yes he could and that would cost enormous numbers of jobs in certain sectors no. millions of jobs and it would create millions of jobs however we would also and up driving up prices we would be we would have more jobs but we would all be poorer th
that i'm not sympathetic with for that reason but then it's a larger point this is a vast and complex economy these are highly productive workers you can see the cranes you can see the containers we can afford small blocks of inefficiency because it makes americans more earn more money they live a better life but this is an argument for having a high tech highly productive country not a country based on low skill labor as we have now with immigration policy on low skilled labor based on the...
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Nov 30, 2012
11/12
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so the result is the economy gets sicker and weaker. greece, for example, has seen its economy shrink by 7% in the last year. all of european is in recession now. the last official number was the economy actually shrank last month for all of europe as a unit. japan has been stuck for 23 years in a decaying economy. 23 years. and i think we're seeing a pressure in washington for exactly the same pattern. that's what's happening in california, in sacramento. it's what's happening in illinois, in springfield. it's what's happening in new york, in abdominal. it's big government getting bigger and bigger while the private sector gets smaller and smaller, making the debt problems even harder to deal with. >> greta: just so i understand, so do you think the wiser thing for the house republicans, republicans in the senate, is to get a 90-day deal, push things down the road for 90 days, hold hearings in the meantime and do it piecemeal? >> yes. >> greta: or better to push it off the fiscal cliff and take the draconian impact and -- >> they shoul
so the result is the economy gets sicker and weaker. greece, for example, has seen its economy shrink by 7% in the last year. all of european is in recession now. the last official number was the economy actually shrank last month for all of europe as a unit. japan has been stuck for 23 years in a decaying economy. 23 years. and i think we're seeing a pressure in washington for exactly the same pattern. that's what's happening in california, in sacramento. it's what's happening in illinois, in...
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Nov 30, 2012
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the american economy is on the line. this is a moment for american leadership. it is the way ticket it done until washington. a mature0 lead and a had a meeting with his secretary. it was frank and d -- it was frank and direct. we saw to find out what the president is really willing to do. i remain hopeful that productive conversations can be made it into the it is ahead. elicited a leadership team met with a risk in bull's and leadership is above the business approach the warehouse as an annoyance. i have made clear that we have made the concessions on the line by putting ravenna's up front. many democrats grow up dozens of booklets that must be part of a sensible agreement that will reduce the deficit. there has been a sensible spending cuts so far. 2 there is a real danger of a2 and of222222222222222222222222222222 222222222222. 22222222222222222222222222222222 2222222222222222222222222 caught22222222222222222222222222 222222222222222222222222222222 job222222222222222. 22222222222222222222222222222222 22222222222222222222222222222222 2222222222222222222222222
the american economy is on the line. this is a moment for american leadership. it is the way ticket it done until washington. a mature0 lead and a had a meeting with his secretary. it was frank and d -- it was frank and direct. we saw to find out what the president is really willing to do. i remain hopeful that productive conversations can be made it into the it is ahead. elicited a leadership team met with a risk in bull's and leadership is above the business approach the warehouse as an...
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Dec 1, 2012
12/12
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FOXNEWSW
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it will be his economy. it will be his presidency on the line and also the country. if barak obama believes in the clinton tax cuts, let them go back into affect for the entire country and see if the country believes they are good for america. >> the president is campaign acting like he received a anytime percent man date when he only received half. what impact is this having on the psyche of the gop. >> it is affecting the psyche of the president. he's act being like he did win a huge victory . he did win a substitute victory and what happened to the republicans is, they are fearful of all of these taxes going up they are trying to a bargain in good faith to give away something and then say if you will give us something and make us look good. don't humiliate us. the democrats are humiliating the republican party in making that offer . i think their own dignity and principles and beliefs, what republicans ought to say is, we think that extending the tax cuts pay roll and bush tax cuts is good for economy and america and consistent with our principles and blives and y
it will be his economy. it will be his presidency on the line and also the country. if barak obama believes in the clinton tax cuts, let them go back into affect for the entire country and see if the country believes they are good for america. >> the president is campaign acting like he received a anytime percent man date when he only received half. what impact is this having on the psyche of the gop. >> it is affecting the psyche of the president. he's act being like he did win a...
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few minutes examining why consommé tyrian motives and seemingly generous investments into the french economy. five e.u. nations including britain and sons have sons the israeli ambassadors to express concern of the plans to build more settlements in disputed lands. recently was also joined by the yuan and the u.s. and warning that israel's plans pose a threat to the peace effort but israel is vowing to press ahead and continue construction middle east correspondent paula see every pore. it's happening in an area known as one man what it effectively means is that the waste that will be cut off in streets to them this announcement is widely perceived as punishment against the palestinians for number one going to the un was with this by the number two winning it essentially winning a bird that sees the palestinian state being recognized within one hundred sixty seven borders and given non observer nonmember observer status at the united nations now we're also hearing criticism of some european ambassadors european diplomats who want to get me going with certain moves against israel now we're al
few minutes examining why consommé tyrian motives and seemingly generous investments into the french economy. five e.u. nations including britain and sons have sons the israeli ambassadors to express concern of the plans to build more settlements in disputed lands. recently was also joined by the yuan and the u.s. and warning that israel's plans pose a threat to the peace effort but israel is vowing to press ahead and continue construction middle east correspondent paula see every pore. it's...
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Nov 29, 2012
11/12
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the american economy is on the line. this is a moment for adult leadership. campaign-style or allies is not aid -- campaign-style rally is not the way to get things done in washington. a discussion with the treasury secretary was frank and direct. we hope to see a specific plan for cutting spending. we sought to find out but the president is unwilling to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday the leadership team met with erskine bowles and business leaders about averting the fiscal cliff and achieving an approach the white house says it wants. i made clear that we put real concessions on the line by putting revenues on the table right up front. unfortunately, many democrats continue to rule out spending cuts that must be part of any significant agreement will reduce our deficit. mr. bowles himself said yesterday there has been no serious discussion so far. there is a real danger of going off the fiscal cliff. going off the fiscal cliff will hurt our economy. it will co
the american economy is on the line. this is a moment for adult leadership. campaign-style or allies is not aid -- campaign-style rally is not the way to get things done in washington. a discussion with the treasury secretary was frank and direct. we hope to see a specific plan for cutting spending. we sought to find out but the president is unwilling to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday the...
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now from berlin with more on this what does this say package essentially mean for the eaves biggest economy. well what it means is that germany will be giving more financial aid towards greece now we saw m.p.'s voting in the reichstag with four hundred seventy three saying yes to this aid package one hundred saying no and eleven stand shin's now what this does mean no and it's been talked about throughout the week is next year alone it could cost germany over seven hundred million euros but we are seeing the politicians at least giving their support financial support towards greece however that support isn't being particularly backed up by some of the electorate here people on the streets of germany suggesting that perhaps greece should be left to its own devices. that is enough because we won't see this money ever again. ok but. at some point it should be stopped it's high time they were capable of helping themselves we're ok for now but some day we could also go broke this arlen specter. this is all you know we have already given at least so much more and they should start today. and ther
now from berlin with more on this what does this say package essentially mean for the eaves biggest economy. well what it means is that germany will be giving more financial aid towards greece now we saw m.p.'s voting in the reichstag with four hundred seventy three saying yes to this aid package one hundred saying no and eleven stand shin's now what this does mean no and it's been talked about throughout the week is next year alone it could cost germany over seven hundred million euros but we...
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movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more you really want to i'm happily married husband father of two fantastic children i lived. a main street in a small new england town with actual white picket fences i made this movie for you me and everyone we know in the hope that we can create a world where human need comes before corporate greed so why does it feel almost un-american to say that i think about it this way just go with me for a second here you know that scene from the oliver stone film wall street when gordon gekko played by michael douglas in a role that would win him an oscar appears at a shareholders meeting of a company paper to defend his actions and his grotesque worldview and delivers the now famous speech where he says. for lack of a better word is good. we just write great works. greek terrifies and can't. see evolution bas
movie and there are a few things you should know about me right from the jump i'm not an expert on the economy climate change or foreign policy i'm also not an expert on sustainable farming systems the history of social movements or lego's the occupy movement has experts on all those things and more you really want to i'm happily married husband father of two fantastic children i lived. a main street in a small new england town with actual white picket fences i made this movie for you me and...
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economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the problems of the u.s. and to put that in even broader scope our guest kevin phillips his recent book is about seven hundred seventy five so he just finished a book on the american revolution many more economic factors playing a role there than what we maybe are taught in grade school here in the u.s. so we looked at what the lessons are today looking at the. current economic problems and monetary problems and got his perspective a perspective he says that politicians are not likely to have he says they don't read history books but you know what we are giving them a clip notes just in case they happen to be watching an
economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the problems of the u.s. and to put that in even broader scope our guest kevin phillips his...
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this is deteriorating the state of the economy is the diffidently is the worry that is definitely on the syrian government's mind. this is this has been a while this seems to be very systematic we need to understand what happened today this is not the first time that this happens in this neighborhood there are two things this issues to fall there are two issues to consider first of all those neighborhoods and cities that are not willing to join up with this so-called revolution are being collectively punished as some of my friends from aleppo said. who saw the city or half of their city destroyed so for there is also the issue of ethnic cleansing. is an area where a lot of minority groups live in the. internet because people should not belong in the believer's. homeland so to speak so we are trying to push them to abandon those areas and. so this is quite serious what is happening at least now we are seeing for hearing anyone who is claiming that the regime is actually. some support so with all these different tactics being used would you say that these bomb attacks in the capital ci
this is deteriorating the state of the economy is the diffidently is the worry that is definitely on the syrian government's mind. this is this has been a while this seems to be very systematic we need to understand what happened today this is not the first time that this happens in this neighborhood there are two things this issues to fall there are two issues to consider first of all those neighborhoods and cities that are not willing to join up with this so-called revolution are being...
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another year will still be reporting about this next year at length and where do we stand with the german economy could it still withstand the eurozone collapse. no definitely not i mean if you really talk about a euro zone collapse that would mean lots of costs associated to this and i think this is not in the cards and it's the reason why the politicians really shy away from this thing but one thing that politicians should get used to thinking of is it doesn't really help greece to to remain in the euro zone and maybe all to portugal and maybe one or two other countries would they be better off being outside the euro zone so they would not script the entire project but maybe rewrite it again of course for some countries and not cutting off aid by getting them out of the euro but giving them a fresh perspective out of the euro where they could to go yet for example their currencies dr thanks for being on the program to get diarrhea maybe clear it will come back to you next year i'm sure we have the same chance again dr young hagen the faculty member of the european school of management and techn
another year will still be reporting about this next year at length and where do we stand with the german economy could it still withstand the eurozone collapse. no definitely not i mean if you really talk about a euro zone collapse that would mean lots of costs associated to this and i think this is not in the cards and it's the reason why the politicians really shy away from this thing but one thing that politicians should get used to thinking of is it doesn't really help greece to to remain...